CAPITAL MARKETS

MOD signs JV with Oceana

PHARMACEUTICAL company-turned explorer MOD Resources has signed an agreement with producer OceanaGold to earn up to 80% of New Zealand’s largest undeveloped gold deposit, Sams Creek, by sole-funding exploration.

Kristie Batten
MOD signs JV with Oceana

MOD will spend $A1.9 million on the first stage of exploration, which will include diamond drilling, an aeromagnetic survey and a light detection and ranging high-resolution topographic survey. Sams...

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